Pension Board

Regular Meetings
  • 8 a.m.
  • Third Wednesday of the month 
  • All board meetings are held in the New Castle County Government Center, 87 Reads Way, New Castle, DE 19720 unless otherwise noted.
Meeting Agenda
 

Meeting Minutes
11/19/2014
10/15/2014
09/17/2014 
08/20/2014
07/16/2014 
06/18/2014 
05/21/2014                             07/17/2013                
4/16/2014                                     08/21/2013   
3/19/2014                                     09/18/2013
2/19/2014                                     10/16/2013
1/15/2014                                     11/20/2013
01/16/2013                                   12/18/2013
02/20/2013
03/20/2013
04/17/2013
05/15/2013
06/19/2013
 
Reports
2014 Pension Plan Review
2013 Pension Plan Review
2012 Pension Plan Review
 
Members
  • Daniel McFadden, Chair
  • Robert Barczak, Local 459
  • Christine R. Dunning, Chief Human Resources Officer
  • Michael Coupe, Chief Financial Officer
  • Paul Frese, Non-union Representative
  • Michael Finnegan, Retired Member Trustee
  • Terry Stone, Council-appointed Trustee
  • Douglas Merrill, Local Fraternal Order of Police #5
  • Richard Piekarski, Local 3109
  • Saul Polish, Local 3911
  • Regis Yurcich, Local 1607
  • Kenneth Porter, Council-appointed Trustee
Board Responsibilities
The Pension Board reviews all ordinances that propose amending the pension related sections in Chapter 26 of the county code and makes recommendations to County Council and the county executive. The board may, from time to time and in its sole discretion, provide preretirement education and counseling to county employees, and may pay for the cost of such programs from the pension fund established in Section 26.04.601.

Membership Requirements
 
  • The chief human resources officer ex officio
  • The chief financial officer ex officio
  • The county executive shall appoint seven members according to the following system:
    • Local 459 of the American Federation of State, county and municipal employees, AFL-CIO, shall submit three names of employees of the county for at least five years and members of the program
    • Local 1607 of the American Federation of State, county and municipal employees, AFL-CIO, shall submit three names of employees of the County for at least five years and members of the program
    • Local 3109 of the American Federation of State, county and municipal employees, AFL-CIO, shall submit three names of employees of the county for at least five years and members of the program
    • The Fraternal Order of Police shall submit three names of employees of the county for at least three years and members of the program
    • Local 3911 of the American Federation of State, County, and Municipal Employees (AFSCME) shall submit three names of employees of the county for at least five years and members of the program

County Council shall appoint four members, none of whom shall be an official or employee of the county according to the following system:

  • Two of the members appointed to the Board of Trustees shall be in the banking or investment security business
  • One of the members appointed to the Board of Trustees shall be a retired member of the program

Rules
By-laws